84 Catherine Street Gardner — Photo 1 of 30
$425,000
Investment Analysis — 84 Catherine Street
Gardner, MA 01440
Based on HUD Small Area Fair Market Rent for Fitchburg-Leominster, MA HUD Metro FMR Area, a 3-bedroom in 01440 carries an estimated $2,000/mo in gross rent — about a 3.08% cap rate and $13,101/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
2,100
Style
Single Family
Built
1993
FRESHLY RENOVATED SPLIT-LEVEL in a great neighborhood, yet close to Routes 2, 140 and 101. The main level features a new Kitchen with granite countertops and new flooring and dining area. The living room, hallway and three nice sized bedrooms all have hardwood flooring. The lower level is completely finished, offering three rooms with wall to wall carpeting and a half bath. Lots of options and flexibility for FOUR or FIVE bedrooms or two or more remote work spaces. The back yard is shaded, fully fenced-in (and previously had an above ground pool) and has two storage sheds. With a new roof done in July and the tremendous amount of living space, this home will give it's new owner years of worry-free living for an expanding family. Located minutes from Dunn Park!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,100 sq ft principal dwelling). Lot size: 9,402 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Water Heater • Range • Dishwasher • Microwave
Neighborhood
Public Transportation • Shopping • Highway Access • Public School
Geography
Listing Agent: Timothy S. Damon
Listing Office: Mercury Real Estate
MLS® Number: 73563671